Rhapsody emerges as independent company

Written by Kate McDonald on 02 November 2018.

The new owners of the Rhapsody integration engine built by Orion Health have completed the separation of the company from its parent, taking up new headquarters in Boston with a former McKesson partner as CEO and plans to increase its workforce by 40 per cent in the next 18 months.

Orion Health, which still has a 24.9 per cent stake in Rhapsody and will remain as an investor and reseller of the product, now plans to turn its attention to stabilising and growing its population health management and hospitals businesses while laying the foundations for precision medicine, which chairman Andrew Farrier said the company believed will transform the healthcare sector.